Schools forced to shut amid burst Thames Water pipe ‘leaking 750 litres a second’
The Guardian •

Schools forced to shut amid burst Thames Water pipe ‘leaking 750 litres a second’

Leak causes outages and low pressure in parts of London and Surrey, affecting 6,000 properties and leaving some without waterSchools, businesses and homes across seven boroughs in England were hit by a Thames Water outage on Monday, from a burst water main reportedly leaking 750 litres a second.About 6,000 properties across five south London boroughs and two Surrey boroughs had no water supply or ...

US response to UN pandemic talks ‘severely weakens’ global planning, says leading health expert

US response to UN pandemic talks ‘severely weakens’ global planning, says leading health expert

The Guardian •

The US says it is unable to support a major global text on pandemic prevention and preparedness put forward at UN general assemblyThe United States government’s decision to block a major global declaration on pandemic preparedness “severely weakens” the effort, and signals intent to disrupt international cooperation, says Prof Lawrence Gostin, a leading expert on global health law from Georgetown ...

Hong Kong launches 1-month consultation on arbitration law reforms

Hong Kong launches 1-month consultation on arbitration law reforms

SCMP •

Hong Kong authorities have launched a one-month consultation to reform the city’s arbitration laws, as part of efforts to enhance its competitiveness as an international dispute resolution hub and advance an objective laid out in its first local five-year plan. The Department of Justice said on Monday that the one-month stakeholder consultation for amendments to the Arbitration Ordinance, which go...

Hong Kong launches one-month consultation on arbitration law reforms

Hong Kong launches one-month consultation on arbitration law reforms

SCMP •

Hong Kong authorities have launched a one-month consultation to reform the city’s arbitration laws, as part of efforts to enhance its competitiveness as an international dispute resolution hub and advance an objective laid out in its first local five-year plan. The Department of Justice said on Monday that the one-month stakeholder consultation for amendments to the Arbitration Ordinance, which go...

RAF Fairford live updates: Iran rejects any link to airbase arrests as police say those held are UK nationals from London

RAF Fairford live updates: Iran rejects any link to airbase arrests as police say those held are UK nationals from London

The Guardian •

The counter terror police say the investigation has led to multiple lines of new enquiryUK security forces aware of suspected bomb plot, hints defence secretaryRAF Fairford suspected bomb plot: have you been affected?Speaking at the Labour party conference in Liverpool, the defence secretary, Wes Streeting, said he could not give further details about the RAF Fairford incident because there is a l...

Getty acquired a 17th-century Velázquez portrait in LA; the painting is now the first work to...

Getty acquired a 17th-century Velázquez portrait in LA; the painting is now the first work to...

Times of India •

The J. Paul Getty Museum has proudly added a remarkable 17th-century portrait by Diego Velázquez to its esteemed collection. Titled Portrait of the Count-Duke of Olivares, this artwork was recently uncovered from a private collection, marking the museum's first acquisition of a Velázquez piece. Originally commissioned for Cardinal Francesco Barberini during the 1620s, this masterpiece will debut a...

China is no longer just the world’s factory. It’s the HQ

China is no longer just the world’s factory. It’s the HQ

SCMP •

The global electronics industry is entering a structural transition. For over two decades, China served as the dominant manufacturing centre, with an unmatched concentration of suppliers, skilled labour, infrastructure, logistics and engineering capabilities. That concentration is being diluted. But interpreting this as the decline of Chinese manufacturing would be a mistake. China is exporting pa...

Healey vows to stick to fiscal rules in budget built on hope

Healey vows to stick to fiscal rules in budget built on hope

The Guardian •

Chancellor tells Labour conference it’s ‘not progressive’ to fail to balance books amid rising welfare bill as borrowing costs climb to record highBusiness live – latest updatesPrice of diesel on UK forecourts reaches all-time highJohn Healey has pledged to use next month’s budget to inject hope into Britain’s economy while sticking to the government’s fiscal rules, arguing there is “nothing progr...

AIIB plans to double financing by 2030. Can it bridge Asia’s infrastructure gap?

AIIB plans to double financing by 2030. Can it bridge Asia’s infrastructure gap?

SCMP •

The Asian Infrastructure Investment Bank (AIIB) plans to double its annual financing to about US$20 billion by 2030 as the Beijing-headquartered multilateral lender enters its second decade, its president said on Monday. Announcing the target at the opening of the bank’s 11th annual meeting in Doha, Qatar, AIIB President Zou Jiayi said member economies had voiced a “remarkably consistent” need for...